Purpose Tactical Investment Grade Bond Fund ETF (BND.TO)

(A Top Pick Feb 16/16. Up 6.28%.) This has some creative stuff and he had been looking for bond portfolios that are actively managed and a little bit outside the normal ETF’s. He is still buying some of this.

He normally has iShares DEX Short-Term Bond (XSB-T), but is looking for something that will give him a little bit of an edge. This is about 60% Canadian Corp., about 25% US, as well as some US high-yield. The distribution yield and their yield to maturity are close, which is unusual. They are also doing some covered calls on treasuries. He likes what they are doing.